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Saving Pharmacies or Raising Drug Costs? Iowa Gov. Kim Reynolds Signs Law Regulating PBMs
- Governor Kim Reynolds signed Senate File 383 into law on Wednesday to regulate pharmacy benefit managers and protect rural pharmacies in Iowa.
- The legislation responds to the closure of over 200 Iowa pharmacies since 2014, driven by low reimbursement rates and concerns about PBM practices.
- The law mandates pass-through pricing, prohibits PBMs from limiting pharmacy choice, requires a dispensing fee, and provides pharmacies an appeals process for reimbursements.
- On May 12, 2025, pharmacists gathered outside the Iowa Capitol to encourage legislators to pass the bill, while various business organizations cautioned that it could increase health care expenses by $340 million each year and potentially lead to pharmacy closures.
- Governor Reynolds described the decision to sign the bill as challenging and emphasized that her administration will continue to carefully oversee its implementation to address any unintended effects, highlighting that efforts to improve health care in Iowa will persist beyond this legislation.
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Pharmacies will also join the voluntary price restriction, the Minister of National Economy announced on his social media page.
·Budapest, Hungary
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Pharmacies say new PBM law will stop pharmacies from closing
·Cedar Rapids, United States
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Waterloo Cedar Falls Courier+2 Reposted by 2 other sources
Iowa Gov. Kim Reynolds signs drug pricing bill into law
Third-party health care companies will face new restrictions designed to constrain prescription drug costs and protect rural pharmacies under legislation signed into law Wednesday.
·Waterloo, United States
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Oskaloosa Herald+8 Reposted by 8 other sources
Reynolds makes ‘difficult decision’ to sign bill on pharmacy benefit managers
Calling it a “difficult decision,” Gov. Kim Reynolds signed legislation Wednesday that’s intended to help keep rural pharmacies in business but could also lead to higher drug costs for Iowans.
The Advocate+2 Reposted by 2 other sources
Pharmacy benefits managers are at the center of Louisiana's drug debate. What are they?
Louisiana lawmakers are weighing legislation that would would ban pharmacy benefits managers from owning or partially owning pharmacies in the state. Here's what PBMs are and what's next for CVS.
·Baton Rouge, United States
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Total News Sources28
Leaning Left4Leaning Right3Center13Last UpdatedBias Distribution65% Center
Bias Distribution
- 65% of the sources are Center
65% Center
L 20%
C 65%
15%
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